The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (61839)	5/24/2006 9:35:27 AM
From: Perspective	Read Replies (1) of 110194

I know a couple who bought three years ago on an ARM and are about to get nailed as it begins adjusting. Thought they could refi but kept putting it off due to the prepay penalty, thinking that rates would stay low. BC

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